PREDICTIVE DISCOVERY LIMITED — Major Shareholding Notification 2010

Nov 29, 2010

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Capital Structure

Predictive Discovery Limited confirms that its capital structure as at the date of listing is as set out in the table below, which in view of the $8 million raised under the Prospectus, reflects the capital structure set out in section 1.6 (pages 12 and 13) of the Prospectus.

Listing	Type of Security	Number of Securities
Listed Securities	Shares	96,580,000
Unlisted Securities	Options	6,000,000

Details in relation to each of the Options are set out in the separate pre-quotation disclosure.

Predictive Discovery confirms that ASX has imposed escrow on its securities as set out in section 1.7 (on page 13) of the Prospectus. Share escrow details are set out below:

• 20,196,875 Shares escrowed for a period of 24 months from listing;

• 5,000,000 Shares escrowed until 17 September 2011; and

• 2,737,500 Shares escrowed until 1 April 2011.

In addition, ASX has imposed escrow on 5.3 million options issued to Predictive Discovery's Directors and Axiom Advisory Pty Ltd for a period of 24 months from the date of listing.

Predictive Discovery has entered into Restriction Agreements with each securityholder who is subject to escrow and a holding lock has been applied by the share registry to those securities during the relevant escrow period.

Distribution schedule

A distribution schedule of Shareholders is set out below.

Ranges	No of Shareholders
1 to 1,000	Nil
1,001 to 5,000	Nil
5,001 to 10,000	41
10,001 to 100,000	448
100,001 and Over	101
Total	589

Top 20 Shareholders

A list of the Top 20 Shareholders along with details of their holdings is set out below.

Names	Balance of Shares	% of Issued Capital
1.	Black Fire Minerals Ltd	7.5%
2.	EquityTrusteesLimited (Lowell ResourcesFund)	6.5%
3.	Paul Roberts	3.3%
4.	PrivateEquity Capital PtyLtd	3.2%
5.	HSBC Custody Nominees	2.8%
6.	Pooles Australia Pty Ltd	2.7%
7.	RednblondePtyLtd	2.7%
8.	Equity Trustees Limited	2.3%
9.	DyspoPtyLimited	2.3%
10.	Cookshill Investments Pty Ltd	2.1%
11.	Phillip Harman	1.7%
12.	HSBC CustodyNominees	1.6%
13.	Walloon Securities Pty Ltd	1.3%
14.	UBSNomineesPtyLtd	1.3%
15.	Jackie Au Yeung	1.2%
16.	Sandhurst Trustees Limited	1.2%
17.	Headland Capital PtyLimited	1.0%
18.	Larissa Davies	1.0%
19.	Mike Chester	1.0%
20.	Citicorp Nominees Pty Limited	1.0%
Total		47.7%